Yellen's remarks came a day after the Federal Reserve opted for an aggressive rate cut of half a percentage point, its first since 2020 as inflation cooled. "It reflects confidence on the part of the ...

London's FTSE 100 index closed up 0.9 percent, paring back some gains after the Bank of England held its own rate steady at ...

Financial advisors say the rate cut proves the Fed thinks we’re at a point where we can safely lower interest rates to ...

Asian markets built Friday on the latest global rally after a jumbo US interest rate cut, while the yen edged up as focus ...

The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.

Australia's central bank will keep its key policy interest rate unchanged on Tuesday and for the rest of the year amid ...

Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.

Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a ...

The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.

The number of Americans collecting benefits fell to 1.83 million for the week of Sept. 7, the lowest since early June.

President Biden confessed Thursday that there’s “a hell of a lot more work to do” to tame inflation and boost the economy — ...

WASHINGTON (WNDU) - As you may have heard, the feds lowered interest rates this week by a half percent. It’s the first cut ...